Auction Mills Incorporated Unveils New Direction.DALLAS Dallas, city (1990 pop. 1,006,877), seat of Dallas co., N Tex., on the Trinity River near the junction of its three forks; inc. 1871. The second largest Texas city, after Houston, and the eighth largest U.S. -- Auction Mills Incorporated (Pink Sheets:AUML) today announced the company's plan to move forward in a new direction. Auction Mills Inc. plans to abandon the public drop-off side of the business model and extend all of its efforts towards a B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business and commercial approach. The company's executives plan on building a business model that is very similar to that of Liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts. A type of proceeding pursuant to federal Bankruptcy .com. Auction Mills will not only liquidate To pay and settle the amount of a debt; to convert assets to cash; to aggregate the assets of an insolvent enterprise and calculate its liabilities in order to settle with the debtors and the creditors and apportion the remaining assets, if any, among the stockholders or owners of the overstock o·ver·stock tr.v. o·ver·stocked, o·ver·stock·ing, o·ver·stocks To stock more of (something) than necessary or desirable. n. An excessive supply. Verb 1. , dead stock, and store returns but will actually purchase bulk lots of high-value merchandise from large retailers and product manufacturers across the U.S. and resell re·sell tr.v. re·sold , re·sell·ing, re·sells 1. To sell again. 2. To sell (a product or service) to the public or to an end user, especially as an authorized dealer. the merchandise for larger profits. The company is currently in the process of updating the website with auction features of its own. "Once we implement the auction features to our website, we will have a choice to either use eBay and PayPal and pay the fees associated with those services or we will be able to use our own auction tools and save the company money," said Jason Brola, Founder of Auction Mills, Inc. In further efforts to create value for current and future investors, Auction Mills has plans to cancel 218 million shares outstanding bringing the total outstanding to approximately 107,075,000. Auction Mills is encouraging all types of businesses across the U.S. to contact them for their liquidation services. Requests for liquidation services should be sent via email to jason.brola@auctionmills.com Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Matters discussed in this press release are "forward-looking statements." Statements describing objectives or goals or the company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. More information about Auction Mills Inc. is available at http://www.auctionmills.com |
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